RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

2023 Real Estate Teams Outlook

Home Agents
By Verl Workman
December 13, 2022
Reading Time: 2 mins read
2023 Real Estate Teams Outlook

In a market with higher interest rates and less certainty, you might be hearing that times ahead are going to be hard and that the market won’t be favorable for agents. I’m not so certain about that excuse, but I’ll allow that times ahead might not be what you’re used to. That doesn’t mean you should turn tail and run. It just means that real estate teams are more important than ever before—and the stats back that up.

According to a study commissioned by Workman Success Systems and sponsored by Sisu, a mind-blowing four in five agents say that belonging to a team makes them more productive and successful, with only 25% of agents claiming that being on a team doesn’t earn them a higher income than flying solo. That bodes well for teams in the coming year: if it’s true that times are only getting harder in real estate, then you need a team to help you grow and produce more. It also means that major real estate brands and companies need to start building out resources and support for teams—something nearly 90% of agents say they want.

Teams make you better

When things get measured, things get done. This simple fact is only one reason why teams make you a better agent, but it’s a powerful principle. Accountability to others means that your daily efforts will be measured, which means that your productivity is sure to increase. Joining or building the right team means getting the right people for the right jobs. Being able to focus on the tasks you’re best at and that make you the most money without the bloat of other tasks getting in the way is going to make you a production machine. Having a team of people to whom you remain accountable will push that higher, and you’ll become one of those 80% of agents on teams that say their production, success and income is higher than if they were on their own.

Teams need more support

Because teams are such a powerful force in real estate, and because they aren’t going anywhere, major brands and companies need to recognize their presence and account better for them. Though there’s long been a feeling that teams are a fad or a small percentage of the industry, this pendulum is swinging, and companies need to take notice. Our national team study found that 89% of agents want their brokerage and brand to support a team model.

2023 may well bring challenges agents haven’t seen in over a decade. As you plan for the year ahead, recognize that teams are an important source of help and growth, especially in potentially trying times. Major brands, companies and brokerages need to recognize the impact teams have on the industry and start building out more training, support and resources to help them grow. In these trying markets, team support needs to be adopted in order to ensure agent success. For further insights on the impact teams have on real estate, I invite you to visit workmansuccess.com/teamstudy/to get free access to the full study and learn what teams can do for you.

For more information, visit https://workmansuccess.com/. 

Tags: 2023market outlookPredictionsReal Estate MagazineWorkman Success Systems
ShareTweetShare

Verl Workman

Verl Workman is the founder and CEO of Workman Success Systems, a real estate consulting company that specializes in performance coaching and building highly effective teams.

Related Posts

Lawsuit
Agents

Homebuyer Lawsuit Against HomeServices of America, Douglas Elliman Dismissed

July 15, 2025
Forbes Global Properties Expands Western U.S. Presence
Industry News

Forbes Global Properties Expands Western U.S. Presence

July 15, 2025
Foreign
Industry News

Foreign Buyers Up Pre-Tariffs; Future Uncertain

July 15, 2025
PropStream
Industry News

PropStream To Attend Limitless Expo

July 15, 2025
Inflation
Economy

Tariff Effects on Inflation Appear to Show Up in June Reading

July 15, 2025
Bright
Agents

Bright MLS Expands Safety for Subscribers With Tether RE Collaboration

July 15, 2025
Please login to join discussion
Tip of the Day

Explore Future-Forward Strategies: Agenda Highlights at CEO Exchange

Explore Clear Cooperation changes, agent retention strategies, evolving buyer agency, AI innovations and brokerage growth tactics—equipping real estate leaders to navigate disruption and drive success. View the full agenda.

Business Tip of the Day provided by

Recent Posts

  • Homebuyer Lawsuit Against HomeServices of America, Douglas Elliman Dismissed
  • Forbes Global Properties Expands Western U.S. Presence
  • Foreign Buyers Up Pre-Tariffs; Future Uncertain

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2025 Newsmakers
    • 2024 Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2025 Power Broker
    • 2024 Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X